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Kodiak Fisheries Development Assoc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 203665109 ✦ Kodiak, AK ✦ Designated as a 501(c)(4)

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Overview

What is Kodiak Fisheries Development Assoc?

Kodiak Fisheries Development Assoc is a nonprofit organization situated in Kodiak, Alaska. Their primary role is to function as an eligible crab community entity under the Bering Sea Crab Rationalization program, as outlined in 50 CFR part 680. This involvement allows them to offer services in accordance with 50 CFR p680. Their mission is to contribute to the crab fishing industry within their locality, adhering to the guidelines of the aforementioned program.

Is Kodiak Fisheries Development Assoc legitimate?

Kodiak Fisheries Development Assoc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Kodiak Fisheries Development Assoc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of Kodiak Fisheries Development Assoc?

Kodiak Fisheries Development Association operates as an eligible crab community entity in accordance with the Bering Sea Crab Rationalization program, as outlined in 50 CFR part 680. Its primary objective is to deliver services in line with the regulations set forth in 50 CFR p680. The association's mission, in essence, is to contribute to the crab fishing industry within this framework, without providing specific details about its mission statement.

Who is the CEO of Kodiak Fisheries Development Assoc?

Albert T Schmeil is the President of Kodiak Fisheries Development Assoc.

What is the revenue of Kodiak Fisheries Development Assoc?

Kodiak Fisheries Development Assoc's revenue in 2023 was $988.

Who are the executives of Kodiak Fisheries Development Assoc and what are their salaries?


Here are 4 key members and their salaries:


John Whiddon (Bd Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stosh Anderson (Bd Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Freed (Treasurer/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Albert T Schmeil (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Kodiak Fisheries Development Assoc?

Kodiak Fisheries Development Assoc's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Kodiak Fisheries Development Assoc

Kodiak Fisheries Development Association serves as an eligible crab community entity, adhering to the Bering Sea Crab Rationalization program outlined in 50 CFR part 680. Their primary objective is to offer services in accordance with the guidelines set forth in 50 CFR p680. The association operates with the intention of providing vital support to the Bering Sea Crab industry, functioning within the parameters of this program. Although the provided information does not disclose the specific goals or beneficiaries of Kodiak Fisheries Development Association beyond its compliance with the Bering Sea Crab Rationalization program, it can be inferred that the organization contributes to the sustainability and growth of the crab fishing industry in some capacity.

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Impact




October, 2024

Kodiak Fisheries Development Association plays a significant role in enhancing the sustainability and economic viability of the crab fishing industry in Kodiak, Alaska. By acting as an eligible crab community entity under the Bering Sea Crab Rationalization program, it helps ensure that local communities benefit from the management of crab resources. This organization's efforts contribute to the stability of the fishing community, supporting local economies and preserving cultural ties to fishing practices. Through its initiatives, Kodiak Fisheries Development Association fosters community improvement, leveraging the rich marine resources of the Bering Sea for the betterment of its constituents.




This information is meant to be a general summary of Kodiak Fisheries Development Assoc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$988 (2023)
Expenses
$7,927 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $358
  • Program Service Revenue: $630
  • Gross Receipts: $988

Assets and Liabilities:

  • Total Assets: $372,908
  • Total Liabilities: $0
  • Net Assets: $372,908

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Organization Details

Principal Officer

Albert T Schmeil

Main Address

3295 Woody Way Loop, KODIAK, AK, 99615

NTEE Category

Code: S41 - Community improvement

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